Development Director

Land Securities ,
London, Greater London
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Overview

Job Description

We're Landsec Landsec has a development pipeline with the potential to deliver over 3.5 million sq/ft of space in London. With over 1m sq/ft of office development already underway, we are preparing to embark on our next stage of development including office schemes capable of delivering a further 0.8 million sq/ft, mixed use projects with the potential to deliver over 7,000 new homes and an rapid acceleration of retail repurposing programme. Landsec are now well placed to deliver these exciting projects and are seeking an ambitious and dynamic Development Director to join the Development team. Principle accountabilities * Management of projects through defined development milestones * Leading teams through the feasibility, site assembly, planning, pre-letting, funding, development, delivery, marketing, sales, leasing and hand over processes * Overseeing feasibility appraisals and various financial analysis to identify viable development proposals * Overseeing project team on the production of all relevant documentation to secure all necessary approval(s)/authorities to proceed with the development * Overseeing site assembly through the brokering of land deals, negotiation of Agreements and resolution of compulsory purchase, rights of light, daylight and sunlight situations * Approval of project development brief with explicit objectives, roles & responsibilities, programme and deliverables * Approval of appointment of professional team to design viable development proposals that meet the constraints of the site and applicable planning policies * Lead planning applications through the planning process (submission, consultation, S106 Agreement) to secure consent within budget and programme * Overseeing legal due diligence, funding negotiations and the documentation of all relevant Agreements * Approval of the agreed reporting and delegated authority procedures with Joint Venture Partner (if applicable) * Assist with the negotiation of main construction contact to ensure compliance to development brief and applicable LS policies/standards * Assist with the appointment and management of contractors and suppliers * Overseeing delivery of the project to ensure completion to agreed quality standards within approved budget and programme * Oversee concise and value add project reporting on a timely basis * Lead risk and opportunity management exercises to maximise project returns * Lead timely budgeting and resource planning to ensure efficient and effective development management of the project * Manage and control design changes using the approved change control process. * Approval of the sales, leasing and marketing strategies for the project to define targets and deliverables within agreed programme, budget and financial metrics * Overseeing management of the marketing, sales and leasing teams to ensure agreed strategy is implemented and targets are achieved * Ensure maintenance of the feasibility appraisals to track the projects progress against approved financial authorities and project metrics * Approval of asset management and value creation initiatives * Overseeing preparation for and enable the successful hand over of the project to the asset & estate management teams at completion * Approval of exit report at project completion * Representation of Landsec within relevant communities, forums, markets and sectors where necessary Decision making authority Without reference: * Project specific investment up to specified delegated authority levels * Organisation, resourcing and delivery of project within approved commitments * Recruitment and reward of people within budget With reference: * Project specific investment above delegated authority levels * Agreement of Development Management strategy and KPI's * Capital allocation and other strategic decisions above delegated authority levels * Progression of Heads of Terms and Agreement for Leases Key competencies * Strong leadership skills: able to lead a skilled team to ensure that all members are motivated and developed to their fullest potential * Effective communicator; understands when to ask for help if needed and will support others similarly - a team player * Intellectually and commercially able, with personal skills and style to manage key relationships * Numerate and logical with capacity to analyze complex issues and distil key factors with accuracy and speed * A lateral thinker, continuously looking for new and better methods to enhance performance * Outstanding written and spoken communication skills * Strong professional and work standards & ethics * Political intuition * Ability to liaise with numerous stakeholders and resolve situations effectively, tactfully and with minimal conflict while maintaining positive relationships. * Ability to make sound decisions in complex and challenging situations. Knowledge, experience and qualifications * Established high calibre development professional * Proven track record of delivering complex mixed use, res

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